Providence, RI, September 13, 2022 - Since its inception over 20 years ago, the creator economy has become one of the most important parts of the modern digital landscape. In the past few years, its growth has accelerated and the creator economy is now the fastest growing segment of the global digital ecosystem with its market value doubling to $104.2 billion since 2019.
The market's growth has been fueled by a generation of creators who have polished their skills, found ways to monetize their content, and turned what used to be seen by many as a hobby, into thriving businesses. As the number of creators has grown, so have the platforms available to them to maximize their earning potential and further grow their audiences.
Initially, the creator economy was dominated by large incumbent platforms such as YouTube, Instagram, Facebook, and more recently Twitch and TikTok. However, as the needs of the creator community and their followers have become more sophisticated, so should the platforms they use. The latest of this new breed is Ritual Motion, a create-to-earn platform for creators to turn the followings they have grown on platforms like Twitch and YouTube into engaged communities.
Ritual Motion is a live streaming, live networking, and on-demand video platform that enables creators to earn both cash and crypto from day one in a hyper-engaged experience with their followers. Dana Paul, CEO of Ritual Motion explains; “Our create-to-earn platform is the perfect way to turn creators' following into a community, and a great way to top up their earnings from the incumbent platforms like Twitch and YouTube. At Ritual Motion we believe that everyone has a story to share. Our platform offers content creators a new way to get discovered and connect deeply with their following in a way that traditional streaming can not”.
And the sentiment is echoed by Ritual Motion creator Dr. Megan Rhodes Victor (PdD William & Mary) who says, “I love the opportunity to be able to engage with a wide variety of individuals through the Ritual Motion platform. It was wonderful to be able to present my research and to have such thoughtful questions during the interview and networking session”.
Ritual Motion’s growing place in the creator economy is driven by two key factors. First, the realization that while traditional platforms are great for growing an audience, they lack the tools required to turn that following into a community that can be actively engaged. And second, the creator economy is showing a natural affinity for the booming web 3.0 and crypto movements. With the blockchain market size projected to grow from $4.9 billion in 2021 to $64.4 billion by 2026, and commerce from digital assets (NFTs, etc), expected to grow 1,000x during the next few years, the team at Ritual Motion has brought together a suite of tools for creators to engage their community and reap the rewards of their work via both cash and crypto to deliver the first web 3.0 ready platform for the creator economy.
Dana Paul, CEO; “With Ritual Motion, not only can creators collect tips and subs, but they can also use it to kick-start their crypto portfolio by earning in cash and crypto! For the month of September, we are offering creators who come and host a Ritual Motion to earn up to 3 of our newly minted BlockBotz NFTs worth 1 SOL each. We are launching this first-of-its-kind initiative not only to show creators that we’ve listened to creators' needs but also to actively step up to help them start their crypto portfolio if they haven’t already!”
To qualify for the initiative, and earn one (1) BlockBotz NFT, creators must host a live session (not pre-recorded) for three minutes or more. Creators can then add two (2) BlockBotz NFTs to their reward by having five registered Ritual Motion members attend. Anyone can sign up for Ritual Motion - free - at https://ritualmotion.com/#register. To encourage repeat sessions Ritual Motion has made the BlockBotz NFT rewards program valid for the first three (3) sessions of a single creator, and for the first 250 creators for a chance to earn up to nine (9) BlockBotz NFTs.
Ritual Motion Co-Founder Bill Cesare; "Our vision is for Ritual Motion to become the preferred platform where creators will deploy and monetize their Social Tokens and hyper-engage with their viewers and audience in a decentralized, tokenized, and gamified Web 3.0 environment. Our Blockbotz NFT rewards program is just the start of this, but it represents a massive step forwards in the way that people can create-to-earn. We encourage creators to sign up as a host (it’s free!) and host a session - https://ritualmotion.com/#register! They can get started in minutes and schedule streams for days, weeks, and even months in advance.”
- Create and host live video sessions through a suite of easy-to-use tools.
- Collaborate with the audience through chat, Q&A functionality, polls, and live video.
- Share in a live networking experience.
